Adcode Services Private Limited
About Adcode Services Private Limited
Data last updated:
Adcode Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 21 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085439. Its GSTIN is 29AAOCA1159R2ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajendra Singh Mahar and Kaup Manohara Shenoy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 30 March 2025. The registered office is at 34 10th A Cross Maruthi Layout H.A. Farm Post Hebbal Dasarahalli, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.68 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹2.44 Lakh (net margin 1.5%) and EBITDA of ₹3.52 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 149% over three years and 70% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Adcode Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address34 10th A Cross Maruthi Layout H.A. Farm Post Hebbal Dasarahalli, Bangalore, Karnataka, India – 560024
- IndustryBusiness Services, Miscellaneous Business Activities
To see the full contact details of Adcode Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Adcode Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Adcode Services Private Limited, buy the company report.
Financials of Adcode Services Private Limited
FY 2025 filings availableAdcode Services Private Limited reported revenue of ₹1.68 Cr (up 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 70% over five years, including 68% growth in the latest year. EBITDA rose 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.52 Lakh | ||||
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| Net Profit (PAT) | ₹2.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Adcode Services Private Limited, buy the company report.
Board of directors of Adcode Services Private Limited
Adcode Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Singh Mahar | Director | 09 Apr 2021 | 5 Years 6 Months | Current |
| Kaup Manohara Shenoy | Director | 30 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Adcode Services Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Udyogyantra Technologies Private Limited | ₹1.68 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Jadid Technology India Private Limited | ₹1.68 Cr (FY 2025) | -25.0% | Bangalore, Karnataka, India | |||
| Gopison Technologies Private Limited | ₹1.68 Cr (FY 2024) | 9.0% | Delhi, India | |||
| Murlidhar Shenvi Insurance Surveyors and Loss Assessors Private Limited | ₹1.68 Cr (FY 2016) | 28.0% | Panaji, Goa, India | |||
| Adcode Services Private Limitedthis company | ₹1.68 Cr (FY 2024) | ₹2.44 Lakh | 1.5% | 68.0% | Bangalore, Karnataka, India | |
| Clockvine Capital Advisors Private Limited | ₹1.68 Cr (FY 2025) | 123.0% | Mumbai, Maharashtra, India | |||
| Reventech Engineering Services Private Limited | ₹1.68 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Wudmin Energy Private Limited | ₹1.68 Cr (FY 2025) | 7.0% | Baner, Maharashtra, India | |||
| Green Semiconductors Private Limited | ₹1.68 Cr (FY 2024) | -45.0% | Bangalore, Karnataka, India | |||
| Gentop India Private Limited | ₹1.68 Cr (FY 2025) | 130.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Adcode Services Private Limited, buy the company report.
Auditor
Adcode Services Private Limited is audited by PRADEEP JOGI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP JOGI & CO | FY 2017 | 014452S |
Shareholding
The shareholding of Adcode Services Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Adcode Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adcode Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Adcode Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adcode Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA1159R2ZU | Karnataka | Active | 29 Jan 2019 |
To see the full GST registrations and return filing status of Adcode Services Private Limited, buy the company report.
Recent activity
Adcode Services Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Ashwin Annappa Bangera ceased to be Director on 29 Mar 2022.
Frequently asked questions
Adcode Services is an active private limited company based in Bangalore, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 21 January 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085439.
Adcode Services has 2 current directors:
- Rajendra Singh Mahar - Director
- Kaup Manohara Shenoy - Director
The latest financial statements of Adcode Services on record with the MCA are for the year ended 30 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Adcode Services is 29AAOCA1159R2ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Adcode Services is U74900KA2016PTC085439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adcode Services was incorporated on 21 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Adcode Services by revenue are Udyogyantra Technologies Private Limited, Jadid Technology India Private Limited, Gopison Technologies Private Limited, Murlidhar Shenvi Insurance Surveyors and Loss Assessors Private Limited, Clockvine Capital Advisors Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Ashwin Annappa Bangera ceased to be Director on 29 Mar 2022. Rajendra Singh Mahar ceased to be Additional Director on 30 Nov 2021. Rajendra Singh Mahar was appointed as Director on 09 Apr 2021. Adcode Services has 7 board changes on record in total.
The registered office of Adcode Services is at 34 10th A Cross Maruthi Layout H.A. Farm Post Hebbal Dasarahalli, Bangalore, Karnataka, India – 560024.
Adcode Services operates in the business services industry, in the miscellaneous business activities segment.
The compliance status of Adcode Services is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.
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